Ruth's Chris Steak House has been in the news mainly for corporate ownership and past pandemic-related actions rather than rapid-fire new openings. Here’s a concise update based on recent reporting.
Ownership changes: Ruth’s Chris is part of Ruth’s Hospitality Group, which was acquired by Darden Restaurants in 2023. The deal brought operational and strategic changes to the chain as part of Darden’s portfolio, including menu and service refinements across locations.[3][10]
Pandemic-related actions: In 2020, Ruth’s Chris took $20 million in SBA loans under the CARES Act and subsequently announced repayment, following public scrutiny and policy clarifications about loan funding.[2][7][8]
Recent openings and market presence: Ruth’s Chris continues to operate a network of locations globally (the brand remains a prominent fine-dining steakhouse). Reports in 2023-2024 highlighted new openings and ongoing expansion in various U.S. markets under the updated ownership structure.[1][3]
If you want, I can pull up the latest press releases from Ruth’s Hospitality Group or Darden to pinpoint the most current developments, or summarize how the Darden integration has affected menus, hours, or pricing across key regions like Europe or the U.S. For now, the latest widely reported themes are ownership integration under Darden and past CARES Act loan repayment.
Sources:
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www.cbsnews.comRecent: Ruth’s Chris Steak House Now Open in Albany, Ruth’s Chris Steak House Now Open in Mt. Pleasant. Track all Ruths Hospitality Group Inc press releases, SEC filings, and market updates.
www.stocktitan.net'This is a travesty, and a disgusting display of corporate greed during a time of disaster,' the petition reads.
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